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Glossary - M


Mafi Trailer

German brand name of a roll trailer used for RoRo purposes.

Maiden Trip

First voyage of a vessel or aircraft after delivery from newbuilding to her owner(s).

Manifest

Document which lists the specifications of goods loaded in a means of transport or equipment for transportation purposes. As a rule cargo manifests are drawn up by the agents in the place of loading. Note: For shipping a manifest represents a cumulation of Bills of Lading for official and administrative purposes.

Manufacturers Plate

A plate indicating the name and address of the container manufacturer and particulars of the container.

Manufacturing Process

The producing of goods or wares by manual labor or machinery, often on a large scale and with devision of labor.

Manufacturing Resource Planning

Abbreviation: M.R.P.-II.

A method for the effective planning of a manufacturing company, being a direct out-growth and extension of

Marine Insurance Policy

Abbreviation: M.I.P.

An insurance policy protecting the insured against loss or damage to his goods occurred during transport.

Market Analysis

Systematic investigation of the growth and the composition of a market.

Marketing

The process of organizing and directing all the company activities which relate to determining the market demand and converting the customers buying power into an effective demand for a service and bringing that service to the customer.

Marks

See Shipping Marks.

Master Production Schedule

Abbreviation: M.P.S.

A timed plan in which the complex of activities, available personnel, working hours, (management) policy and goals are visualized and given concrete form to in such a way that beginning, end and intermediate period give a clearview of the process.

Mate's receipt

A document signed by the chief officer of a vessel acknowledging the receipt of a certain consignment on board of that vessel. On this document, remarks can be made as to the order and condition of the consignment.

Material Management

Control of the flow of materials up to the stock piling of the finished products made out of the materials.

Material Requirements Planning

Abbreviation: M.R.P.-I.

An inventory and purchasing planning system that integrates product components, lead times and deadlines.

M.C.O.

See Miscellaneous Charge Order.

Means of Transport

Type of vehicle used for the transport of goods, e.g. aircraft, truck, vessel.

Mechanically Refrigerated Container

Thermal container served by refrigerating appliance (mechanical compressor unit, absorption unit, etc.). Containers of this type have type code 31.

Mechanic's Lien

The legal enforceable claim which a person who has performed work or provided materials is permitted to make against title to the property or as a preferential person in the event the estate or business is liquidated.

Medical First Aid Guide

Abbreviation: M.F.A.G.

Instructions to be consulted in case of accidents involving dangerous goods.

Memo Bill

See Bill of Lading.

Merchant

Includes the shipper, holder of the Bill of Lading, Consignee, receiver of the goods, and person owning or entitled to possession of the goods or of the Bill of Lading, and anyone acting on behalf of any such person.

Merchant Haulage

Inland transport of shipping containers provided and paid by the shipper or receiver of goods rather than by the ocean carrier.

Merchant Inspired Carrier Haulage

Carrier haulage by a carrier, which is nominated by the shipper of receiver of the goods, but paid by the carrier.

Meta-centric Height

The distance between the centre of gravity of a vessel and a fictitious point. If the metra-centric height is zero or negative, the vessel will heel or capsize.

M.F.A.G.

See Medical First Aid Guide.

Mileage Proration

Proration on the basis of the applicable local mileages (aircargo).

Minimum allowable working pressure

That pressure assigned for design by either a competent authority or other responsible person to a particular tank, above which that tank is not intended to be operated.

Minimum Charge

The lowest amount which applies to the transport of a consignment, irrespective of weight or volume (aircargo, shipping).

Minimum Inventory

The planned minimum allowable inventory for an independent demand item.

Miscellaneous Charge Order

Abbreviation: M.C.O.

A document issued by a carrier or his agent requesting the issue of an appropriate passenger ticket and baggage cheque or revision of services to the person named in such document (aircargo).

Mixed Consignment

A consignment of different commodities, articles or goods, packed or tied together or contained in separate packages (aircargo).

Mode of Transport

Method of transport used for the conveyance of goods, e.g. by rail, by road, by sea.

Model

A representation of a process or system that attempts to relate the most important variables in the system in such a way that analysis of the model leads to insights into the system.

Movement Inventory

The inventory during a production process caused by the time required to move goods from one place to another.

M.P.C.

See Multi Purpose Carrier.

M.P.S.

See Master Production Schedule.

M.R.P.-I

See Material Requirements Planning.

M.R.P.-II

See Manufacturing Resource Planning.

M.T.O./Carrier

See Multimodal Transport Operator/Carrier.

Multi Purpose Carrier

See Multi Purpose Vessel.

Multi Purpose Vessel

Vessel designed for the carriage of different types of cargo: general, bulk, heavy and/or containerised cargo. Synonym: Multi Purpose Carrier (M.P.C.).

Multi Transport Document

See Combined Transport Document.

Multimodal Transport

See Intermodal Transport.

Multimodal Transport Operator/Carrier

Abbreviation: M.T.O./Carrier

The person on whose behalf the transport document or any document evidencing a contract of multimodal carriage of goods is issued and who is responsible for the carriage of goods persuant to the contract of carriage.